Dogecoin Lawsuit Comes to an End

狗狗幣訴訟結束

A protracted legal battle between Dogecoin investors and Elon Musk has finally concluded with the investors withdrawing their appeal on November 14, 2024. The lawsuit, filed in 2022, alleged that Musk and his company, Tesla, manipulated the price of Dogecoin for personal gain.

狗狗幣投資者和伊隆馬斯克之間曠日持久的法律鬥爭最終以投資者於2024 年11 月14 日撤回上訴而告終。拉為了個人利益操縱狗狗幣的價格。

The lawsuit centered on Musk's public statements and actions, including his appearance on "Saturday Night Live" where he referred to Dogecoin as a "hustle." Investors argued that these statements, along with Musk's tweets, artificially inflated Dogecoin's value, causing significant losses when the price subsequently declined.

該訴訟集中在馬斯克的公開聲明和行為上，包括他在“週六夜現場”中將狗狗幣稱為“騙局”。投資者認為，這些聲明以及馬斯克的推文人為抬高了狗狗幣的價值，導致當價格隨後下跌時造成重大損失。

Lawsuit Dismissed and Appeal Dropped

訴訟被駁回，上訴被駁回

The lawsuit sought damages of $258 billion. However, in August 2024, U.S. District Judge Alvin Hellerstein dismissed the case, ruling that Musk's statements, such as his reference to Dogecoin as the "future currency of Earth," did not constitute securities fraud. The judge also dismissed claims of insider trading due to insufficient evidence.

該訴訟要求賠償 2580 億美元。然而，2024 年8 月，美國地區法官阿爾文·海勒斯坦(Alvin Hellerstein) 駁回了此案，裁定馬斯克的言論，例如他將狗狗幣稱為“地球的未來貨幣”，不構成證券欺詐。由於證據不足，法官也駁回了內線交易的指控。

Following the dismissal, investors filed an appeal and sought sanctions against Musk's legal team for allegedly interfering with the appeal process. However, this week, the investors dropped both the appeal and the sanctions request, effectively ending the case. The agreement is currently awaiting final approval from Judge Hellerstein.

被駁回後，投資者提出上訴，並尋求對馬斯克的法律團隊進行製裁，因為該團隊涉嫌幹擾上訴程序。然而，本週，投資者撤回了上訴和製裁請求，有效結束了此案。該協議目前正在等待海勒斯坦法官的最終批准。

Dogecoin Foundation's Role

狗狗幣基金會的角色

Throughout the legal proceedings, the Dogecoin Foundation, representing the Dogecoin community, worked to distance core developers and founders from the lawsuit. The foundation expressed relief at the conclusion of the case, as many individuals initially included were cleared of wrongdoing early on.

在整個法律訴訟過程中，代表狗狗幣社群的狗狗幣基金會努力將核心開發者和創始人遠離訴訟。該基金會對該案的結論表示寬慰，因為最初納入的許多個人很早就被證明沒有不當行為。

Dogecoin's Future

狗狗幣的未來

With the lawsuit behind them, the Dogecoin Foundation is now focused on Dogebox, a project that enables users to run Dogecoin nodes, accept Dogecoin payments, and develop applications on the Dogecoin blockchain. Elon Musk continues to be a vocal supporter of Dogecoin, contributing to its increased visibility.

隨著訴訟的結束，狗狗幣基金會現在專注於 Dogebox，該項目使用戶能夠運行狗狗幣節點、接受狗狗幣付款並在狗狗幣區塊鏈上開發應用程式。伊隆馬斯克繼續大力支持狗狗幣，為其提高知名度做出了貢獻。

Ongoing Legal Challenges for Musk

馬斯克持續面臨的法律挑戰

Despite the end of the Dogecoin lawsuit, Elon Musk faces ongoing legal challenges. President-elect Donald Trump has appointed Musk to lead the newly created Department of Government Efficiency. Additionally, Musk is embroiled in a legal dispute with OpenAI and Microsoft, alleging unfair business practices by the tech giants.

儘管狗狗幣訴訟已經結束，但伊隆馬斯克仍面臨持續的法律挑戰。當選總統唐納德·川普任命馬斯克領導新成立的政府效率部。此外，馬斯克還捲入了與 OpenAI 和微軟的法律糾紛，指控科技巨頭存在不公平的商業行為。

Dogecoin's Continued Popularity

狗狗幣的持續受歡迎

Despite the ongoing legal drama, Dogecoin continues to garner attention. Crypto analyst Ali Martinez recently reported that large investors, known as whales, have purchased over $56 million worth of Dogecoin in the past 24 hours. As of November 16, 2024, Dogecoin is valued at $0.3645, representing an 8% decline over the past day.

儘管法律糾紛仍在繼續，狗狗幣仍然受到關注。加密貨幣分析師 Ali Martinez 最近報告稱，被稱為鯨魚的大型投資者在過去 24 小時內購買了價值超過 5,600 萬美元的狗狗幣。截至 2024 年 11 月 16 日，狗狗幣估值為 0.3645 美元，較過去一天下跌 8%。